World

EU: Determined to Protect European Economic Companies Working with Iran

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2018-08-07 08:18:40

News – World - Europe

The European Union, on Monday, expressed its deep regret over the re-imposition of US sanctions on Iran, stressing that keeping the nuclear agreement with Iran is a matter of respect for international agreements. "EU Foreign Policy Chief, Federica Mogherini, and the Foreign Ministers of France, Germany and Britain express their deep regret over the re-imposition of US sanctions on Tehran following Washington's withdrawal from the nuclear deal," the EU Foreign Commission said in a statement.

"The European Union and European partners are determined to protect European economic companies working with Iran ," stressing that "maintaining the nuclear deal with Iran is a matter of respect for international conventions and international security," the EU foreign commission said.

She pointed out that the Union and other parties to the nuclear agreement with Tehran will work to keep financial channels open with them. She stressed that "the other parties to the nuclear agreement committed to work, among other things, to maintain effective financial channels with Iran and the continued export of Tehran to oil and gas."

US Secretary of State, Mike Pompeo, said yesterday that the United States intends to fully implement sanctions on Tehran this week on the orders of US President Donald Trump.

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